David Sipina of Croydon, New South Wales, Australia, recently pleaded guilty to two criminal charges related to his role in a Ponzi scheme worth more than $180 million. This is the third guilty plea for the Courtenay House Ponzi scheme investigated by the

The Malta Financial Services Authority (MFSA) issued a warning on March 15, 2024, alerting the public to an entity operating under the name Libra, which operates through multiple Facebook pages and has been spreading propaganda promoting the sponsorship o

The U.S. Securities and Exchange Commission (SEC) has taken enforcement action against two investment advisory firms for making false and misleading statements regarding the use of artificial intelligence (AI) in their investment processes. The companies

According to a press release issued by the Singapore Police, between March 1 and 14, the police arrested a total of 339 suspects (231 men and 108 women) suspected of fraud, aged between 16 and 76 years old. between. Singapore police arrest 339 fraudsters,

The U.S. Securities and Exchange Commission (SEC) has charged 17 people with participating in a $300 million Ponzi scheme that targeted Latino investors in the United States and two other countries. The scam, which is alleged to have operated out of Houst

On March 11, 2024, the Spanish National Securities Market Commission (Spanish: Comisión Nacional del Mercado de Valores), or CNMV, warned seven unauthorized foreign exchange traders. CNMV is the regulatory agency that oversees the Spanish securities tradi

Broker Capital.com has announced it will temporarily stop accepting new clients from the UK. When visiting the Capital.com website in the UK and trying to open an account, users will receive a message stating that the company "has decided to temporarily

"Chuangfu International Scammer Platform has no qualifications at all. The platform often sits on its own and bets with customers. The platform uses the moment when the index fluctuates sharply to eat up the principal." Recently, a Huiyou friend broke t

Before Internet technology was developed, scammers mainly recommended various false investment and financial management projects through offline solicitation. Some even attracted a large number of novice investors under the guise of specialized financial

The latest monthly report released by the U.S. Commodity Futures Trading Commission (CFTC) showed that retail currency deposits increased by 2.61% in January 2024 compared with the previous month. This report covers registered retail currency pair dealers